My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
815 N. HARBOR, L.P. (HOME INVESTMENT PARTNERSHIP PROGRAM FUNDS) 2-2015
Clerk
>
Contracts / Agreements
>
12345... NUMERICAL
>
815 N. HARBOR, L.P. (HOME INVESTMENT PARTNERSHIP PROGRAM FUNDS) 2-2015
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/24/2015 11:03:28 AM
Creation date
8/19/2015 2:54:59 PM
Metadata
Fields
Template:
Contracts
Company Name
815 N. HARBOR, L.P. (HOME INVESTMENT PARTNERSHIP PROGRAM FUNDS)
Contract #
A-2015-029
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
2/17/2015
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
96
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Notwithstanding anything to the contrary herein, Beneficiary hereby agrees that any <br />cure of any default made or tendered by Trustor's limited partner shall be deemed to be a <br />cure by Trustor and shall be accepted or rejected on the same basis as if made or tendered by <br />Trustor. <br />The Beneficiary shall be entitled to collect all reasonable costs and expenses <br />incurred in pursuing the remedies provided in this paragraph, including, but not limited to, <br />reasonable attorneys' fees. <br />19. Trustor's Right to Reinstate. Notwithstanding the Beneficiary's acceleration <br />of the sums secured by this Deed of Trust, Trustor will have the right to have any <br />proceedings begun by the Beneficiary to enforce this Deed of Trust discontinued at any time <br />prior to 5 days before sale of the Security pursuant to the power of sale contained in this <br />Deed of Trust or at anytime prior to entry of a judgment enforcing this Deed of Trust if: (a) <br />Trustor pays the Beneficiary all sums which would be then due under this Deed of Trust and <br />no acceleration under the City Note has occurred; (b) Trustor cures all breaches of any other <br />covenants or agreements of Trustor contained in this Deed of Trust; (c) Trustor pays all <br />reasonable expenses incurred by the Beneficiary and the Trustee in enforcing the covenants <br />and agreements of Trustor contained in this Deed of Trust and in enforcing the Beneficiary's <br />and the Trustee's remedies, including, but not limited to, reasonable attorneys' fees; and (d) <br />Trustor takes such action as the Beneficiary may reasonably require to assure that the lien of <br />this Deed of Trust, the Beneficiary's interest in the Security and Trustor's obligation to pay <br />the sums secured by this Deed of Trust shall continue unimpaired. Upon such payment and <br />cure by Trustor, this Deed of Trust and the obligations secured hereby will remain in Rill <br />force and effect as if no acceleration had occurred. <br />20. Acceptance by Trustee. Trustee accepts this Trust when this Deed of Trust, <br />duly executed and acknowledged, is made a public record as provided by law. Trustee is <br />not obligated to notify any party to this Deed of Trust of pending sale under any other deed <br />of trust or any action or proceeding in which Trustor, Beneficiary, or Trustee shall be a party <br />unless brought by Trustee, <br />21. Reconveyance. Upon payment of all stuns secured by this Deed of Trust, the <br />Beneficiary will request the Trustee to reconvey the Security and will surrender this Deed of <br />Trust and the City Note to the Trustee, The Trustee will reconvey the Security without <br />warranty and without charge to the person or persons legally entitled thereto. Such person <br />or persons will pay all costs of recordation, if any. <br />22. Substitute Trustee. The Beneficiary, at the Beneficiary's option, may from <br />time to time remove the Trustee and appoint a successor trustee to any Trustee appointed <br />hereunder. The successor trustee will succeed to all the title, power and duties conferred <br />upon the Trustee herein and by applicable law. <br />23. Request for Notice. Trustor requests that copies of the notice of default and <br />notice of sale be sent to Trustee at the address set forth in Section 14 above. <br />7 <br />
The URL can be used to link to this page
Your browser does not support the video tag.